Mises Wire
Author:
Mihai Macovei
Online Publish Date:
Source: Statista 2021. The recent rally in energy prices , with coal and European gas hitting record highs and crude oil pushing above $80 a barrel, is also it not been for government-mandated green policies and carbon emission targets. In Europe, coal plants have been gradually phased out, as have nuclear power plants in been paid to stay home or have left the labor force altogether. In Europe , trade unions are already asking for pay increases while surveys show that inflation